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The end of the lifetime allowance

15/03/2023

In today’s Budget, the Chancellor of the Exchequer has announced dramatic pensions tax changes - increasing the annual allowance from £40,000 to £60,000, and scrapping the lifetime allowance entirely. The reforms are part of a bid to incentivise older earners...

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Authors

Portrait ofKeith Webster
Keith Webster
Partner
London
Portrait ofPete Coyne
Pete Coyne
Partner
London